Category: Analyst Actions

Analyst Actions

Citing Slowing Housing, Lowe’s (NYSE:LOW) Downgraded to Neutral by Wedbush

On Wednesday, Wedbush downgraded Lowe’s Companies (NYSE:LOW) to Neutral from Outperform. The firm downgraded the stock because it believes a slowing housing market may pressure the company’s results more than expected.  Wedbush has reduced the price target to $50 from $60. Read more of the analyst’s thoughts below: We lower our rating on NYSE:LOW from OUTPERFORM to NEUTRAL and reducing our estimates based on our revised … Continue reading Citing Slowing Housing, Lowe’s (NYSE:LOW) Downgraded to Neutral by Wedbush

Adam Keintzel
Analyst Actions

NXP Semiconductors (NASDAQ:NXPI) Price Target Upped to $70 by Drexel Hamilton

In a research not issued on Wednesday, Drexel Hamilton increased their price target to $70 for NXP Semiconductors (NASDAQ:NXPI). Highlights from the report include: A broadening economic upturn providing global cyclical lift benefits well-situated NXP (NASDAQ:NXPI), especially in mobiles, autos, security and industrial Customers entering the year with moderate inventories are now faced with establishing buffer stocks that will benefit orders and build backlog Resulting … Continue reading NXP Semiconductors (NASDAQ:NXPI) Price Target Upped to $70 by Drexel Hamilton

Chris Lewis
Analyst Actions

Stocks To Watch on Analyst Actions: Revance Therapeutics Inc. (NASDAQ:RVNC), Brandywine Realty Trust (NYSE:BDN), Sodastream International Ltd. (NASDAQ:SODA)

Analysts at Janney Capital Markets have lowered their 2014 and 2015 earnings estimates for Chiquita Brands International Inc. (NYSE:CQB), while maintaining a neutral rating on the stock. The firm has lowered its 2014 EPS to $1.01 from $1.12, and reduced its 2015 EPS forecast to $1.25 from $1.29 a share. The estimate adjustment comes just a few days after Chiquita Brands International Inc. (NYSE:CQB) reported Q4 2013 … Continue reading Stocks To Watch on Analyst Actions: Revance Therapeutics Inc. (NASDAQ:RVNC), Brandywine Realty Trust (NYSE:BDN), Sodastream International Ltd. (NASDAQ:SODA)

Kristen Barton